Static reports are cumbersome and instantly out of date: Access to new and up-to-date information is crucial for any finance professional or cost center manager. A PDF or a paper document churned out by a finance system is not sufficient when you're trying to operate efficiently. Static reports like these are cumbersome, never up-to-date and can be difficult to navigate to make correct decisions.
Combining disparate data sources wastes valuable time: When the time taken to collate data for reporting eats into a finance manager's day it takes them away from their day job, which is where they should be focusing their efforts. What they really need is fast access to information that answers their key questions, freeing them to get on with their daily tasks.
Old data leads to inconsistent decisions: Without access to up-to-date and timely information it's hard to benchmark performance against budgets and targets, leading to confusion and inconsistent decisions. What you need is a consistent, up-to-date view of important metrics, where each manager sees critical information about their part of the business and how they are performing relative to plan.
With DecisionPoint™, finance departments can quickly create information apps that provide insight into the internal and external factors that affect the bottom line and can easily share this information with other managers across the organization to drive enhanced performance.